Viewing a single comment thread. View all comments

jonishay8 t1_j0bt1zz wrote

This is made in good spirits but doesn’t serve much of a purpose. Apartments either rent or don’t rent. Telling a landlord you won’t pay something because someone else is paying less just doesn’t work in nyc, as there is always someone else willing to pay it. This is more helpful for less trafficked markets. Also, without verified data, a landlord can just call bullshit and you have no proof to say otherwise

7

lasagnahog1 OP t1_j0btzu8 wrote

I agree with you to some extent. Ultimately, the landlord has WAAAAY more leverage then the renter. But price transparency increases the leverage of the renter. This is not to say a renter can all of the sudden walk in and name their price. But at least you are negotiating with better data.

Also in most markets, price transparency helps the consumer: mortgage data, insurance, amazon, stock market, medical care, etc

1